Know What's Happening in Energy
Know What's Happening in Energy
Flex to acquire Electrical Power Products for $1.1B
Flex Ltd. agreed to buy Electrical Power Products for about $1.1 billion in cash. The target adds roughly $323 million of annual revenue and a mid‑to‑high‑teens EBITDA margin. Flex expects the acquisition to be accretive to adjusted earnings per share in the first full fiscal year.
Also developing:
By the numbers: Oil majors snap up $164M Alaska oil leases
The Philippine Senate’s Committee on Public Services is deliberating a bill to amend Republic Act 11918, allowing Razon‑group MORE Electric and Power Corp. to extend its franchise into Iloilo’s second and fourth districts. MORE Power, which took over Panay Electric Co. in 2020, cites rapid growth—its customer base rose from 62,000 to 107,000—and operational gains, cutting system loss from roughly 28% to about five percent and slashing SAIFI and SAIDI metrics by more than 90%. The expansion has already begun with private consumers in Pavia, while the company also highlighted performance improvements at its Negros and Bohol subsidiaries. The legislative outcome will determine whether the utility can solidify its regional footprint beyond Iloilo City.
Metro Pacific Investments Corp (MPIC) raised its 2026 capital expenditure budget to over ₱200 billion, up from roughly ₱190 billion in 2025, driven primarily by large‑scale renewable‑energy projects such as Meralco’s SP New Energy Corp and the Terra Solar farm, slated to...
Senator Joseph Victor "JV" Ejercito urged the Philippine government on March 23 to create an inter‑agency task force that would monitor and mitigate the economic and energy fallout from the escalating Middle East conflict. He cited Senate Resolution No. 43, which...
Infineon Technologies has formed a strategic technology partnership with Indian power‑electronics firm Zenergize, announced at the Bharat Electricity Summit 2026. Infineon will supply its wide‑bandgap silicon‑carbide (SiC) semiconductors and engineering support to integrate them into solar inverters, EV chargers and...
Chaos in the Middle East is a wake-up call for oil and gas producers. When volatility rises, efficiency becomes the ultimate resource... The real winners are those who can extract oil and gas from wells more effectively and efficiently. This...
Smaller Japanese companies across auto parts, plastics, and trucking are feeling the impact of the largest Middle East oil‑supply disruption in decades. Crude prices have jumped to multi‑year highs, driving up fuel and raw‑material costs for firms that typically operate...
Researchers introduced 1,3,5‑tris(3‑vinyl‑10H‑phenoxazin‑10‑yl)benzene (V3PXZ) as an organic cathode that undergoes in‑situ electrochemical post‑crosslinking (IEPC) to form insoluble, non‑conjugated polymer networks. The IEPC process simultaneously creates high‑surface‑area nanostructures, enabling rapid ion transport and delivering 56 % of capacity in just 36 seconds (100 C)....
The review surveys recent progress in supported metal active centers for oxygen electrocatalysis, emphasizing single‑atom catalysts and their role in oxygen evolution and reduction reactions. It critiques the over‑broad use of the strong metal‑support interaction (SMSI) term, distinguishing multiple mechanisms...
Researchers have engineered a strain‑modulated high‑entropy vanadium‑based chalcogenide (VMoFeCoNi)Sx using an optimized solvothermal route, achieving a single‑phase pyrite structure with 0.67% compressive micro‑strain. The nanoflower/nanoflake catalyst exhibits exceptional oxygen evolution reaction (OER) activity in alkaline media, delivering overpotentials of 210 mV...
The review highlights p‑block metal‑based electrocatalysts as sustainable alternatives to precious‑metal catalysts for energy‑conversion reactions such as CO₂ reduction, nitrogen reduction, and oxygen reduction. It details diverse architectures—single atoms, alloys, compounds, and doped systems—and explains how electronic tuning, oxophilicity, and...
Researchers Rahaman and Mohamad Idris introduced a Pareto‑optimized stacking ensemble that dramatically improves electricity theft detection across smart‑grid networks. The system combines hybrid data‑repair techniques with lightweight edge deployment, allowing real‑time monitoring of massive meter datasets. Experimental results on utility‑sourced data...
Nigeria is experiencing a dramatic surge in energy costs, with petrol prices climbing nearly 40% in a month and ranking the second‑largest increase globally since the Iran war. A severe heatwave and chronic power outages have forced households and small...
International Energy Agency chief Fatih Birol warned that the world is heading toward a severe energy crisis as at least 40 oil and gas assets in West Asia have been severely damaged. He described the situation as a combination of two...
Gartner forecasts datacentre electricity consumption reaching about 1,200 TWh by 2030, a 20% rise from the previous year. AI‑optimized GPU servers are projected to draw roughly 156 GW, underscoring the rapid expansion of AI infrastructure. Microsoft CEO Satya Nadella pledged that Azure now...
Crude oil futures surged on Monday as US‑Iran tensions escalated, pushing Brent crude above $108 per barrel and WTI close to $99. The rise was sparked by President Trump’s ultimatum to Iran over the Strait of Hormuz and Tehran’s retaliatory...
The Delhi government is set to clear over ₹38,000 crore in pending dues to the city’s three private power distributors, prompting a likely electricity tariff increase from April. The Supreme Court has mandated payment of ₹27,200 crore in regulatory assets, with the...
🚨President Trump is widely seen as pro-oil and critical of EVs. 🚨Yet the ongoing Strait of Hormuz crisis has created an ironic game-changing boost for EVs that could prove hard to reverse. 🚨Countries are now likely to treat...
Tor Olav Trøim‑backed Bruton has placed an order for four new VLCCs at Yantai’s CIMC Raffles. The vessels, based on the MARIC 319,000 dwt design with open‑loop scrubbers, are slated for delivery between January and July 2028 at $124.75 million each, totaling just...
Rio Tinto has dismantled its dedicated decarbonisation division, moving responsibility for the $1 billion repowering of the Tomago aluminium smelter to its aluminium and lithium team. The shift follows a budget cut that reduced the company’s 2021‑2030 decarbonisation spend to US$1‑2 billion,...
A community‑owned 1.4 MW solar farm with a 4 MWh battery has been completed in Goulburn, NSW. The project, driven by the Goulburn Community Energy Co‑operative, raised $2.6 million from 288 local investors and secured a $2.1 million state grant. It is the world’s...
Singapore‑based gas owner Purus has exercised an option for an additional LNG carrier with Samsung Heavy Industries, pricing the contract at KRW 377.9 bn (about $252 m) and targeting delivery in Q2 2029. The newbuild follows a prior $503 m order for two 174,000‑cu m vessels...
Quinbrook Infrastructure Partners secured environmental clearance for its 780 MW Supernode North battery energy storage system (BESS) in Queensland, confirming the project as a “not controlled action” under Australia’s EPBC Act. The facility will sit on a 41‑hectare former CSIRO research...
"NATO VOWS TO REOPEN HORMUZ" is wildly overstated @DeItaone What NATO chief Mark Rutte actually said was allies are talking about ways to reopen Hormuz He added he is "absolutely convinced" they can succeed. At talking & coordinating What EU does best #NATO #MarkRutte...
The U.S. is the world’s biggest natural gas producer & LNG exporter. But it still doesn’t build the large ships that carry LNG. That is a pretty good snapshot of modern America: Enormous resource strength, paired with a hollowed-out industrial base in a...
The Victorian Essential Services Commission has accepted its first court‑enforceable undertaking against Ecovantage, mandating the company to correct non‑compliant heat‑pump water‑heater installations at its own expense. The regulator alleges Ecovantage claimed up to 31,666 energy‑efficiency certificates for upgrades that violated...
Woodfibre LNG announced that its British Columbia export terminal is now 65% complete following the delivery of its 16th powerhouse module. The all‑electric plant, designed to be the world’s first net‑zero LNG export facility, will draw renewable power from BC...
Cadeler’s service arm Nexra has landed two firm offshore wind operations and maintenance (O&M) contracts in Japan and Taiwan. The Japan contract, slated to begin in spring 2026, will run for one to two months and be executed by the...
Gulf insecurity can serve U.S. LNG and geopolitical interests, writes @anasalhajji This is an alternative view that should be taken seriously My take is that it goes too far in treating strategic benefit as proof of strategic design The blowback to the...
Adnoc is now reducing LNG production because Strait of Hormuz is shut, tightening the global gas market 🇦🇪 ⚠️ Adnoc has “made temporary operational adjustments to production of Liquefied Natural Gas” They’re working with customers to fulfill commitments “wherever possible” https://t.co/dLBNlgiLER
Union Minister G Kishan Reddy announced that coal gasification will be pivotal for India’s energy security, aiming to cut import dependence and spur industrial growth. The government launched the National Coal Gasification Mission, targeting 100 million tonnes of gasified coal by 2030, backed...
I don’t think we have understood yet how serious this crisis is. IEA’s Fatih Birol: ~5 mb/d lost in each of the 1970s oil shocks; ~75 bcm gas after Russia’s 2022 invasion. Now: ~11 mb/d oil and ~140 bcm gas disrupted. https://t.co/6G8leH3lHR https://t.co/ESkY9LyQjx
Ukraine imposes kinetic sanctions on Russian oil exports. They increasingly have the ability to do this at scale, and to destroy refineries and factories crucial to the Russian war effort. This particular port is further from Ukraine than Moscow is.
Amid escalating West‑Asia tensions that threaten LPG supplies, India faces heightened energy security risks, prompting experts to spotlight thorium as a long‑term solution. The country possesses roughly 25‑30% of the world’s thorium reserves, offering a domestic, low‑cost fuel for power...
"Over the past week, spot prices at the Waha gas trading hub in the Permian Basin fell as low as -$9.75 per million British thermal units, with expectations that it could hit -$10." https://t.co/camxY0zKrz
UK brings forward CfD auction, backs balcony solar in Middle East response #energysky -- via pv magazine global: https://t.co/N1n2DhjXeo
South Australia’s Labor government, buoyed by a landslide win, will pursue a net‑100 percent renewable electricity target by 2027, relying solely on wind, solar and storage. The Liberal Party’s collapse removes a major policy obstacle, reinforcing voter support for clean energy....
SMRs are a techno-fantasy built on a category error, writes @Dr_Keefer They are called SMALL modular reactors because they're SMALL nuclear with SMALL revenues SMRs are what happens when people mistake wishful thinking for engineering economics. #SMR #Nuclear #CCGT #Energy #PowerMarkets #EnergyTransition...
The LNG shock is about to get real The last Gulf cargoes loaded before the war are now arriving After that, Europe & Asia hit the wall This is a major structural shock that may last years https://t.co/Dw60mbEoxn #LNG #Hormuz #Qatar #Pakistan #Bangladesh #Taiwan #EnergyCrisis...
CERAWeek in Houston is set to host over 10,000 energy leaders as the Middle East war triggers the biggest oil disruption in history. Attendees include S&P Global’s Daniel Yergin, EDF’s Mark Brownstein, U.S. Energy Secretary Chris Wright, and CEOs from...
If held flat at current shut-in levels of around 9 MMbpd, Gulf crude oil production would be down by ~6.5 million on the month in March. Balance math gets much uglier when these run for a full month or more—and things...
Iran entered this war with liquids output near multi-decade highs, writes @JavierBlas The U.S. & Iran have both been major LPG/NGL export growth stories since 2020. #OilMarkets #Iran #USLNG #LPG #NGL #Energy #Geopolitics #Hormuz
Western Australia’s Labor government has secured more than one gigawatt of new wind capacity, surpassing its 810 MW target to replace retiring coal plants. Contracts were signed with three projects—130 MW Kondinin, 470 MW Parron Maam, and 330 MW of the 550 MW Marri farm—delivering...
Thailand is restarting retired coal units because LNG got too expensive In a real crisis, transition rhetoric gives way to fuel reality. https://t.co/YD0xNKNZzI #Thailand #Coal #LNG #EnergyCrisis #PowerMarkets #Electricity #EnergySecurity #Climate
On intensity, absolutely true. I think the overall effect will be less than the energy shocks of the 1970s if this ends **today** but if the Hormuz stoppage stretches out for months it'll blow the other two out of the water.
Blackouts in Tehran are not proof that the US has struck the city's electrical grid @JesseCohenInv It's possible but unverified. It's also well ahead of Trump's threatened 48 hours. #Iran #Tehran #Trump #Blackout #Airstrikes #Geopolitics #Misinformation #MiddleEast #Verification #BreakingNews
Austria could harness 90 TWh of agrivoltaics using 5–16% of cropland #energysky -- via pv magazine global: https://t.co/2FuA0BpnDS https://t.co/6Ucd7AkD5L
[MUST READ] Iran’s Kharg Island - U.S. seizure would not necessarily end exports or re-open the Strait: https://t.co/yRYH1g1UAM
And Indian tanker has reportedly paid in Chinese yuan. Welcome to the #petroYuan market (thanks donald)
Why the fixation Kharg Island? I assume it's because they think they can cut off Iran's source of income this way. But perhaps should consider ground operations on Islands in strait of Hormuz? Might be more effective for opening the...
What's a gas station? I just plug my car in at home. You mean you have to ... go somewhere special to add range to your car? How interesting.
